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FedEx Will Deliver Strong Returns Without Amazon

bradley_freeman,_the_motley_fool
FedEx Will Deliver Strong Returns Without Amazon

For stockholders, FedEx (NYSE: FDX) has been dead money for years. FedEx's strength is in their express (or air) unit, which instead mainly supports business to business logistics. First, the bad: In FedEx's most recent quarter, CEO Frederick Smith reported a near 60% drop in profit year over year.